BUSINESS ECONOMICS

Resit Coursework Brief Semester: E15 Module Code: PM101 Module Title: Business Economics Programme Business Management Business Management (Travel & Tourism) Management with Human Resource Management Business Management and Information Technology Human Resource Management with Information Systems BSc Accounting and Finance BA Accounting and Finance Oil and Gas Management Law with Management Business Studies Level: Level 4 Awarding Body: University of Plymouth Module Leader Stavros Anastasiou Format: Individual Report Presentation: No Any special requirements: All work should be submitted on the Student Portal along with an acceptable Turnitin Report Word Limit: 1,500 words each (+ or – 10%) Deadline date for submission: Thursday 10th December, 12pm (Noon) Percentage of marks awarded for module: The individual report is 50% of the total marks for the module. Assessment criteria Explanatory comments on the assessment criteria Content, style, relevance, originality Content will reflect the students’ ability to understand and to analyse business economics as taught. Answers to be based on an interpretation ofclass hand-outs and evidence of background reading. That is, there should be clear demonstration of focused rigorous research from recognised authoritative sources. Maximum marks for each section Format, referencing, bibliography • The limit is not a guide, it is an instruction. • Do not stray into tangential material. Always ask yourself – is what I’ve written relevant to the question set? • Copy and Paste. Please try to refrain from doing this. • Font size. Please use font size of approx.. TNR 12, Arial 12 size. • Double space. • Read (aloud) what you have written. If we can’t understand your argument, you will not get any credit for it. The Study Skills Handbook and Module provide detailed guidance on referencing. Ensure you reference your citations using the Harvard method. 50% Constructive critical analysis, introduction, conclusion Demonstration of a clear understanding of the issues. Use of academic models. Clear focussed understanding of a topic. Critical analysis is an important test of the student’s ability to evaluate business economics concepts. Introductions and conclusions should briefly address the issues to be discussed and discussed respectively. 10 %

Assignment Task: Individual Report (This assignment comprises 50% of the final mark for this module) You should answer both questions in report form with introduction, main body and conclusion. The chancellor said employers would be forced to pay staff a minimum of £7.20 an hour from next April 2016, and raise wages by 6% a year on average to around £9 an hour by the end of the year 2020. 1. How this changes in the minimum wage, could possibly affect the unemployment rate? 2. What will be the macroeconomic effects, of minimum wage change in the economy?